Indonesia’s Directorate General of Taxes (DJP) will soon appoint foreign-based marketplace platforms to collect income tax ...

Indonesia’s value-added tax (VAT) system is struggling to balance the need for sufficient revenue to fund public services against the risk of regressivity. A progressive VAT, featuring a single rate ...

Indonesia will discuss reviving its tax amnesty program next year as President Prabowo Subianto’s government seeks ways to boost state revenue amid growing public pushback over a planned value ...

Indonesia’s VAT rate remains regionally comparable – Thailand has a lower rate of 7 per cent, while the Philippines and Vietnam align more closely at 12 and 10 per cent respectively.

The VAT exemption or 0% VAT granted for basic necessities will remain in effect, he added. Indonesia had announced just two weeks ago that the VAT increase, which is already set in law, would ...

Indonesia’s VAT rate remains regionally comparable — Thailand has a lower rate of 7 per cent, while the Philippines and Vietnam align more closely at 12 and 10 per cent respectively. Despite this, ...

Indonesia's middle class group includes people with expenditure ranging from Rp2,040,262 to Rp9,909,844 per capita per month in 2024. TEMPO EXCLUSIVE ... Indonesia's 12% VAT Uproar, Here Are 6 ...

Indonesia had announced just two weeks ago that the VAT increase, which is already set in law, would proceed as scheduled in 2025. To help mitigate its impact on inflation and purchasing power, the ...

Indonesia scaled back its planned increase in the value-added tax rate just hours before it was set to take effect on Jan 1 amid escalating public outcry. The VAT rate will be increased to 12% ...